Share Market Update: Sensex rises 100 points, Nifty rises 10 points, maximum buying in IT shares

Business Desk – Share Market Update: Today i.e. on Monday, June 1, Sensex is trading at 74,800 after rising 100 points. There is also a rise of 10 points in Nifty, it has reached 23,550. There is more buying in IT shares in today’s business. Strength was seen in Asian markets on Monday. The biggest rise was in South Korea’s Kospi index, which was trading at the level of 8,866 with a gain of 375 points or 4.42%.

Japan’s Nikkei index rose 705 points (1.04%) to 67,038. At the same time, Hong Kong’s Hang Seng index was seen trading at the level of 25,397 with an increase of 215 points or 0.72%. Earlier on Friday, American stock markets also closed with gains. The Dow Jones index rose 363 points or 0.72% and closed at 51,032. The Nasdaq index rose 55 points (0.20%) to 26,973, while the S&P 500 index closed at 7,580, up 16 points or 0.22%.

Talking about the activities of investors in the domestic market, in the last 30 days, foreign institutional investors (FII/FPI) have sold Rs 55,963 crore from the Indian stock market. At the same time, during the same period, domestic institutional investors (DIIs) supported the market by purchasing Rs 82,669 crore.

In the last 7 days, DIIs bought shares worth Rs 21,947 crore, while FIIs/FPIs sold shares worth Rs 24,557 crore. In the latest trading session, DIIs bought shares worth Rs 16,764 crore, while FIIs/FPIs sold shares worth Rs 21,106 crore.